TH - Dow Dips Over 200 Points; US Small Business Optimism Rises In May | Benzinga

U.S. stocks traded lower this morning, with the Dow Jones index falling by more than 200 points on Tuesday.

Following the market opening Tuesday, the Dow traded down 0.63% to 38,624.13 while the NASDAQ fell 0.14% to 17,168.65. The S&P 500 also fell, dropping, 0.33% to 5,342.91.

Check This Out: Alphabet To Rally Over 28%? Here Are 10 Top Analyst Forecasts For Tuesday

Leading and Lagging Sectors

Communication services shares climbed by 0.1% on Tuesday.

In trading on Tuesday, utilities shares fell by 1.1%.

Top Headline

The NFIB Small Business Optimism Index climbed to 90.5 in May, notching the highest level in five months, compared to 89.7 in April and also topping market estimates of 89.8.

Equities Trading UP
                       

• Trio Petroleum Corp. (NYSE:TPET) shares shot up 89% to $0.4355 after the company completed its first two exploratory wells.
• Shares of Nauticus Robotics, Inc. (NASDAQ:KITT) got a boost, surging 39% to $0.3211 after surging 49% on Monday.
• Airship AI Holdings, Inc.  (NASDAQ:

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